How Florida Memorial's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Florida Memorial University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,123, which is 92.44 % of all undergraduate students. 845 students which is 68.56% of undergraduate students received federal student loans and the average loan amount is $7,343.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,404 (93%)	$6,732	1,152 (76%)	$4,583	1,174 (77%)	$9,109
2014-15	1,406 (95%)	$7,589	1,129 (76%)	$4,716	1,050 (71%)	$8,320
2015-16	1,333 (95%)	$9,823	1,049 (75%)	$4,694	1,045 (75%)	$7,434
2016-17	1,127 (88%)	$10,514	934 (73%)	$4,896	927 (72%)	$7,515
2017-18	1,130 (96%)	$11,204	937 (80%)	$5,362	930 (79%)	$7,490
2018-19	1,029 (91%)	$10,654	776 (68%)	$5,532	766 (68%)	$7,234
2019-20	994 (95%)	$11,353	747 (71%)	$5,336	677 (64%)	$6,999
2020-21	794 (90%)	$12,923	590 (67%)	$5,332	522 (59%)	$5,990
2021-22	887 (89%)	$13,080	646 (65%)	$5,692	511 (52%)	$5,998
Average	1,123 (92.44%)	$10,430	884 (72.33%)	$5,127	845 (68.56%)	$7,343

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 317 (89.78 % of students) received grants or scholarships and its average amount is $11,294. It can cover 59.10% of tuition & fees ($19,110).

In addition, 215 (61.22 % of students) students get helped from the students loans (average amount : $7,026).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	347 (87%)	$8,991	282 (71%)	$8,957
2014-15	434 (95%)	$9,841	248 (54%)	$7,869
2015-16	355 (95%)	$9,482	202 (54%)	$7,540
2016-17	312 (87%)	$10,479	235 (65%)	$7,284
2017-18	314 (96%)	$11,232	235 (72%)	$7,172
2018-19	287 (86%)	$10,881	186 (56%)	$6,722
2019-20	298 (94%)	$12,892	183 (58%)	$6,371
2020-21	232 (82%)	$12,904	164 (58%)	$5,370
2021-22	271 (86%)	$14,943	198 (63%)	$5,951
Average	317 (89.78%)	$11,294	215 (61.22%)	$7,026

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 265 (75.22 % of students) received Pell (federal) grants and its average amount is $5,278.

In addition, 281 students received State/local government grants/scholarships (79.33 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	315 (79%)	$4,890	28 (7%)	$2,345	347 (87%)	$3,351	73 (18%)	$4,810
2014-15	335 (73%)	$5,031	16 (4%)	$2,116	383 (84%)	$3,870	199 (44%)	$5,373
2015-16	299 (80%)	$4,893	13 (3%)	$1,811	345 (92%)	$3,957	86 (23%)	$5,980
2016-17	252 (70%)	$5,207	24 (7%)	$1,836	262 (73%)	$4,653	105 (29%)	$6,611
2017-18	251 (77%)	$5,548	25 (8%)	$2,077	254 (77%)	$5,564	99 (30%)	$6,759
2018-19	251 (76%)	$5,634	31 (9%)	$1,884	216 (65%)	$6,055	56 (17%)	$6,116
2019-20	225 (71%)	$5,020	31 (10%)	$1,852	298 (94%)	$6,999	91 (29%)	$6,258
2020-21	194 (69%)	$5,467	37 (13%)	$1,319	202 (71%)	$7,345	49 (17%)	$8,174
2021-22	259 (82%)	$5,814	56 (18%)	$1,513	223 (71%)	$7,600	102 (32%)	$7,492
Average	265 (75.22%)	$5,278	29 (8.78%)	$1,861	281 (79.33%)	$5,488	96 (26.56%)	$6,397

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 215 (61.22 % of students) get any students loan help and its average loan amount is $215.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	282 (71%)	$8,957	282 (71%)	$8,839	5 (1%)	$6,620
2014-15	248 (54%)	$7,869	248 (54%)	$7,793	3 (1%)	$6,300
2015-16	202 (54%)	$7,540	202 (54%)	$7,483	2 (1%)	$5,750
2016-17	235 (65%)	$7,284	235 (65%)	$7,199	4 (1%)	$5,004
2017-18	235 (72%)	$7,172	235 (72%)	$7,067	6 (2%)	$4,100
2018-19	186 (56%)	$6,722	185 (56%)	$6,585	7 (2%)	$4,571
2019-20	183 (58%)	$6,371	183 (58%)	$6,249	5 (2%)	$4,469
2020-21	164 (58%)	$5,370	164 (58%)	$5,121	7 (2%)	$5,819
2021-22	198 (63%)	$5,951	192 (61%)	$5,597	21 (7%)	$4,936
Average	215 (61.22%)	$7,026	214 (61.00%)	$6,881	7 (2.11%)	$5,285

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Scholarships, Grants, and Loan Trends at Florida Memorial

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time